Yahoo! News: World - China

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• Analysis: Boehner stands firm against China currency bill (Reuters)
• White House working with Congress on yuan bill issues (Reuters)
• Punishing China no boon for U.S. manufacturing jobs (Reuters)
• China arrests Wal-Mart employees in pork scandal (Reuters)
• Exclusive: China launches lobbying push on currency bill (Reuters)
• China yuan bill risks trade war: House speaker (Reuters)
• China promises more loans for small companies (AP)
• China slams US currency bill as threat to trade (AP)
• Russia's Putin slams US, makes deals in China (AP)
• China, Vietnam sign deal to resolve sea dispute (AP)
• Senate passes bill to sanction China over currency (AP)
• Romney tough talks China as currency manipulator (AP)

Analysis: Boehner stands firm against China currency bill (Reuters) Posted: 12 Oct 2011 04:36 PM PDT Reuters - A controversial U.S. bill aimed at forcing China to raise the value of the yuan has cleared the Senate but it looks likely to be shelved in the House of Representatives.

White House working with Congress on yuan bill issues (Reuters) Posted: 12 Oct 2011 11:55 AM PDT Reuters - The White House said on Wednesday it was talking to U.S. lawmakers to iron out issues it has with a bill to punish China over its currency.

Punishing China no boon for U.S. manufacturing jobs (Reuters) Posted: 12 Oct 2011 09:47 AM PDT Reuters - For every Apple iPad sold in the United States, the U.S. trade deficit with China increases by about $275.

China arrests Wal-Mart employees in pork scandal (Reuters) Posted: 12 Oct 2011 09:00 AM PDT Reuters - Chinese authorities in Chongqing arrested two Wal-Mart employees and detained dozens more over a pork sales scandal, state media said on Wednesday, days after ordering 13 of the retail giant's stores in the region to close.

Exclusive: China launches lobbying push on currency bill (Reuters) Posted: 12 Oct 2011 08:20 AM PDT Reuters - China has launched an intense lobbying effort in Washington to kill legislation that would punish it for its currency system, in the latest display of its more sophisticated approach to influence U.S. policy.

China yuan bill risks trade war: House speaker (Reuters) Posted: 12 Oct 2011 08:17 AM PDT Reuters - Legislation designed to press China to let its currency rise in value poses a "very severe risk" of a trade war and should not be taken up by the Congress, House of Representatives Speaker John Boehner said on Wednesday, a day after the bill passed the Senate.

China promises more loans for small companies (AP) Posted: 12 Oct 2011 06:09 AM PDT AP - China's government on Wednesday promised more bank loans for struggling entrepreneurs who have been squeezed by credit curbs as it tries to stamp out a fast-growing unofficial lending industry.

China slams US currency bill as threat to trade (AP) Posted: 11 Oct 2011 10:18 PM PDT AP - China criticized an American currency bill as a threat to a shaky global economic recovery and warned Wednesday that trade ties will be "severely damaged" if it becomes law.

Russia's Putin slams US, makes deals in China (AP) Posted: 11 Oct 2011 08:50 PM PDT AP - Russia and China have vowed to make progress on a long-delayed deal on gas sales, as Russian Prime Minister Vladimir Putin sought to boost ties with Beijing while likening the U.S. to a parasite.

China, Vietnam sign deal to resolve sea dispute (AP) Posted: 11 Oct 2011 08:29 PM PDT AP - China and Vietnam have signed an agreement aimed at resolving bitter maritime disputes that drove relations between the communist neighbors to their lowest level in years.

Senate passes bill to sanction China over currency (AP) Posted: 11 Oct 2011 07:02 PM PDT AP - The Senate voted Tuesday to threaten China with higher tariffs on Chinese products made cheap through an artificially undervalued currency, which lawmakers blame for destroying American jobs. The House, though, is unlikely to take up the bill, which some American businesses warn could trigger a trade war.

Romney tough talks China as currency manipulator (AP) Posted: 11 Oct 2011 06:14 PM PDT AP - Former Massachusetts Gov. Mitt Romney says he will confront China for undervaluing its currency and hurting American jobs.

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